One of the oldest players in the alternative-data space is cutting data scientists and reorganizing its executive team, sources told Business Insider.
December 19, 2019   |   View Online »
 
There's a huge reorg underway at M Science, the pioneer alt-data seller owned by Jefferies. It's shaking up its executive ranks and sales team, and cutting data-scientist jobs.

There's a huge reorg underway at M Science, the pioneer alt-data seller owned by Jefferies. It's shaking up its executive ranks and sales team, and cutting data-scientist jobs.

Dan DeFrancesco,Bradley Saacks | One of the oldest players in the alternative-data space is cutting data scientists and reorganizing its executive team, sources told Business Insider.

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Private equity had a slew of megadeals in 2019, and many ruffled a few feathers along the way. Here are 13 that showcase the industry's massive reach.

Private equity had a slew of megadeals in 2019, and many ruffled a few feathers along the way. Here are 13 that showcase the industry's massive reach.

Casey Sullivan | There was plenty of high-profile deal action to draw attention from insiders, politicians, and even celebrities like Taylor Swift.

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Marlette Funding, the fintech behind the Best Egg personal lender, just hired away rival LendingClub's head of institutional sales. Now, it's dusting off old plans to launch a credit card.

Marlette Funding, the fintech behind the Best Egg personal lender, just hired away rival LendingClub's head of institutional sales. Now, it's dusting off old plans to launch a credit card.

Shannen Balogh | Andrew Deringer will be Marlette's first chief capital officer, and is tasked with growing its investor base and launching new consumer products.

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Bill McGlashan, the former TPG exec accused in the college admissions scam, isn't going down without a fight. His lawyers are locked in a battle with the government to turn up new evidence.

Bill McGlashan, the former TPG exec accused in the college admissions scam, isn't going down without a fight. His lawyers are locked in a battle with the government to turn up new evidence.

Casey Sullivan | Bill McGlashan's lawyers asked a Massachusetts federal judge to order prosecutors to hand over additional evidence they may have in their possession, including full reports of interviews conducted in their case.

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A top tech banker says there will be a higher bar for startups going public in 2020 after this year's unicorn IPO flops

A top tech banker says there will be a higher bar for startups going public in 2020 after this year's unicorn IPO flops

Meghan Morris | LionTree founder Aryeh Bourkoff said 2019's market turmoil "is not necessarily a bad thing," and that the public market "always wins."

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Charles Schwab's robo-adviser is getting smarter about taxes

Charles Schwab's robo-adviser is getting smarter about taxes

Rebecca Ungarino | The discount brokerage's new tool, set to launch next month, is aimed at simplifying the way users draw out funds from their portfolios.

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Experts say virtual and augmented reality could be game-changing for how Wall Street views data in the next decade

Experts say virtual and augmented reality could be game-changing for how Wall Street views data in the next decade

Dan DeFrancesco | A handful of firms have run pilot programs using the tech, but sources say VR hardware needs to improve before wide-spread adoption can occur.

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WEALTH MANAGEMENT 2030: Read the full responses to our survey about wealth management and the financial adviser of the future

WEALTH MANAGEMENT 2030: Read the full responses to our survey about wealth management and the financial adviser of the future

Rebecca Ungarino | We surveyed execs at UBS, Wells Fargo, Merrill Lynch, Betterment, Wealthfront, BNY Mellon, TD Ameritrade, and Charles Schwab.

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23 hot startups that want to go public in 2020, and the 2 Silicon Valley venture firms that will clean up when they do

23 hot startups that want to go public in 2020, and the 2 Silicon Valley venture firms that will clean up when they do

Megan Hernbroth | Sequoia Capital and Tiger Global Management are slated to make some of the biggest returns in the 2020 IPO parade, according to CB Insights.

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'Uncle Jeff': Jeffrey Epstein's relationship with the 24-year-old daughter of billionaire hedge-fund founder Glenn Dubin is more complex than previously known

'Uncle Jeff': Jeffrey Epstein's relationship with the 24-year-old daughter of billionaire hedge-fund founder Glenn Dubin is more complex than previously known

Meghan Morris,Becky Peterson | Jeffrey Epstein discussed marrying the 24-year-old daughter of his ex-girlfriend Eva Andersson Dubin and the hedge-fund billionaire Glenn Dubin so that she could inherit his estate tax-free, a source told Business Insider. And documents show he named her a beneficiary of a trust that totaled $50 million at one point.

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